[China Construction Bank has opened applications for extension of personal housing loans to 40 years for existing customers] News on August 30. On August 28, the People's Bank of China and the State Administration of Financial Supervision jointly issued new regulations on real estate credit management, extending the period of personal housing loans from a maximum of 30 years to a maximum of 40 years. The specific period is determined by the home buyer through negotiation with the commercial bank. On August 30, the reporter learned from the interview that China Construction Bank has begun to implement relevant policies. CCB customer service staff stated that customers can apply to the bank to extend the loan period. The bank will make a comprehensive assessment based on the specific reasons for applying for extension, the source of repayment, and subsequent repayment arrangements to reasonably determine the specific number of years that can be extended. According to CCB's current implementation standards, the extended period shall not exceed half of the original loan period, and the total of the original loan period and the extended period shall not exceed 40 years. For example, if the customer's original loan term is 30 years, the customer can apply for an extension of up to 10 years; if the original loan term is 10 years, the customer can apply for an extension of up to 5 years. CCB customer service staff stated that the bank will begin to implement the latest regulations from the date of the policy release (August 28, 2026). (Reporter Zou Juntao)